Fishers Indiana Real Estate Market Report - September 2008

For the month of September, there were 150 homes sold and closed in Fishers Indiana; compared to 157 in July.

The highest price home sold was $790,000.

The lowest priced home sold was $89,900.

The average Days on Market for homes sold was 75 days, up from 65 in July.

The average Fishers home sold was a three bedroom, three bath with 2279 square feet and sold for $225,094.

There are currently 938 homes available for sale in Fishers, which gives us an absorption rate of 6.2 months.

Average days on market and absorption rate will vary by price range.

Statistics were obtained from the Metropolitan Indianapolis Board of Realtors (MIBOR) data and are representative of Fishers homes which were sold between 9/1/2008 and 9/30/2008. This data is reflective of homes which were listed on the Indianapolis BLC; private sales are not included. All information is believed to be accurate, but is not guaranteed.